Global Garage Door Opener Market Forecast To 2021

A garage door opener is a motorized device that opens and closes garage doors. Most are controlled by switches on the garage wall, as well as by remote controls carried by the owner.

Scope of the Report:
This report focuses on the Garage Door Opener in Global market, especially in North America, Europe and Asia-Pacific, Latin America, Middle and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Market Segment by Manufacturers, this report covers
The global Garage Door Opener industry is characterized by several large international manufactures and many smaller regional and local manufactures. Therefore, market share concentration is low. The two largest operators account for about 31.02% of total industry revenue in 2015, most manufactures operate locally and provide services to a small segment of the population. Nonetheless, market share has increased over the past five years because a number of companies were acquired during the recession. Larger companies are looking to expand their footprint in nearby areas, where they can add value and turn once-struggling operations into profitable ventures. Key market players include Chamberlain Group, Overhead Door, SOMMER Group, LiftLogix, Teckentrup, Marantec, Skylink, Hrmann, CAME, and Dalian Seaside among others.

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Market Segment by Regions, regional analysis covers
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, Taiwan and Southeast Asia)
Latin America, Middle and Africa

According to the report, global revenue for Garage Door Opener market was valued at $ 1045 million in 2015, and is expected to generate revenue of $ 1219.12 million by end of 2021, growing at a CAGR of slightly above 2.49 % between 2016 and 2021. Garage Door Opener market by volume, which measures output worldwide, was expected to reach 8,574 K Units in 2016 with an increase of 5.70 % from its year-earlier level. North America Garage Door Openers market size was valued at around USD 467.86 million in 2015. Europe is expected to exceed USD 335.20 million by 2016, at a CAGR of over 2.33% from 2011 to 2016. Asia-Pacific is estimated to be the third largest market for Garage Door Opener in 2016, with China expected to lead the market in terms of growth rate from 2011 to 2016. China Garage Door Opener market size was expected to reach US$ 82.61 million, with a CAGR of 9.73 % over the period 2011 to 2016.

Market Segment by Type, covers
Belt Drive Openers
Screw Drive Openers
Chain Drive Openers
Chain Drive Openers and Belt Drive Openers covered over 85.18 % of the market share in 2016, and is projected to dominate the market over the estimated period. This sector is likely to rise at a CAGR of 5.04% from 2016 to 2021.

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Market Segment by Applications, can be divided into
Home garages
Underground and Collective Garages
Worldwide, home garages was the largest consumer of Garage Door Opener, which is responsible for about 79.39 percent of Garage Door Opener consumption in 2016. The remaining 20.61 percent was consumed for Underground and Collective Garages.

There are 13 Chapters to deeply display the global Garage Door Opener market.
Chapter 1, to describe Garage Door Opener Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Garage Door Opener, with sales, revenue, and price of Garage Door Opener, in 2015 and 2016;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2015 and 2016;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Garage Door Opener, for each region, from 2011 to 2016;
Chapter 5, 6, 7 and 8, to analyze the key regions, with sales, revenue and market share by key countries in these regions;
Chapter 9 and 10, to show the market by type and application, with sales market share and growth rate by type, application, from 2011 to 2016;
Chapter 11, Garage Door Opener market forecast, by regions, type and application, with sales and revenue, from 2016 to 2021;
Chapter 12 and 13, to describe Garage Door Opener sales channel, distributors, traders, dealers, appendix and data source.

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